-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
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DBT in kerosene will help in better targeting of subsidy: FinMin
-PTI New Delhi: Direct transfer of kerosene subsidy to the bank accounts of users will help in better targeting of the benefits to those who actually deserve it, the Finance Ministry said today. The government had last night said it will roll out the Direct Benefit Transfer (DBT) scheme for kerosene from April 1 where the users will buy the Cooking Fuel at market rate but will get financial support directly in...
More »Scheduled castes better off than scheduled tribes: Census data
-Business Standard Roughly 20% of ST households own a television, compared with 39% of SC households Scheduled caste (SC) households are materially better off than scheduled tribe (ST) households, according to the latest census data on asset ownership. Data released on Wednesday showed 38.5 per cent of ST households owned none of the eight assets on which information was collected in 2011, while only 22.6 per cent of SC households owned none...
More »India gets its first solar-powered village in Bengal -Manogya Loiwal
-India Today West Bengal: "Kerosene is sold at Rs 40 per litre in the market. Now the money will be saved, thanks to the solar lamps. We are really grateful to the solar aid," said Kasinath Mahata, one of the villagers. It was celebration time for the people of Pandri, a village in the Purulia district of West Bengal, illuminated with lightening after years of hassle. The excitement doubled when the village...
More »No more LPG subsidy if you earn above Rs 10 lakh a year
-The Times of India NEW DELHI: There will be no subsidy for cooking gas cylinders if either the registered consumer, or his/her spouse have an annual taxable income of more than Rs 10 lakh, the oil ministry announced on Monday. The cap will come into effect from next month. To begin with, the new criteria will be applied on the basis of self-declaration at the time of booking a refill in keeping...
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